"Everybody has to remember that this market is still subject to headline risk, " said RyanLarson, head of U.S. equity trading at RBC Global Asset Management.
"The broader market can only ignore the major, money-center banks trading down three, four and five percent for so long before it becomes a factor, " said RyanLarson, head of U.S. equity trading at RBC Global Asset Management.
RyanLarson, head of equity trading at RBC Global Asset Management in Chicago, said the recent aggressive action by central banks around the world has been a big part of the reason why stocks have fared so well in the U.S., Asia and Europe so far this year.